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do we like mr. romney? we like mr. obama? do we prefer republicans to democrats? is the system cannot be debated, because everybody agrees the two parties will there be focused elsewhere on things like whether you can have a gun in the back of your truck or whether you do or do not approve of gay marriage, or a whole host of other issues whose importance i am not disputing, but issues get us away from this thorny problem of how economics and politics are articulate and there's a desire to sit in a society that that simply be ruled out of order. >> the five corporations that dominate what people in this country see here and read have perfected the art of propaganda in manufacturing consent while simultaneously criticizing dissent. but i want you to talk about the very origin of this, which could be traced to the much revered and in my view, much overrated founding fathers of any political rally. people talk about them in hushed tones. but let's hear what they have to say about these kinds of issues. james madison, who wrote the federalist papers, principle writer o
do we like mr. romney? we like mr. obama? do we prefer republicans to democrats? is the system cannot be debated, because everybody agrees the two parties will there be focused elsewhere on things like whether you can have a gun in the back of your truck or whether you do or do not approve of gay marriage, or a whole host of other issues whose importance i am not disputing, but issues get us away from this thorny problem of how economics and politics are articulate and there's a desire to sit...
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well kerry mr romney did seem more alert he actually did better than many thought he would considering all his gaffes and misfires in this election campaign he of course took advantage of the fact that the recovery under president obama has been slow the country is running a huge deficit gigantic debt more than sixteen trillion dollars that's one hundred four percent of the nation's g.d.p. the president's main argument was that mr romney wants to go back to the same policies that landed the u.s. and the world for that matter in the economic mess four years ago that everybody is still struggling to recover from so there was a lot of back and forth about who's going to be paying for what and how's the both gave different numbers citing different studies at some point you've got to kind of work if using but in general it looked as if one of them was saying he wants to raise taxes and the other one goes no he wants to raise taxes or we need regulation and the other one would say ah you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the d
well kerry mr romney did seem more alert he actually did better than many thought he would considering all his gaffes and misfires in this election campaign he of course took advantage of the fact that the recovery under president obama has been slow the country is running a huge deficit gigantic debt more than sixteen trillion dollars that's one hundred four percent of the nation's g.d.p. the president's main argument was that mr romney wants to go back to the same policies that landed the...
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the president's main argument was that mr romney wants to go back to the same qualities that landed the u.s. and the world for that matter in the economic mess four years ago that everybody's still struggling to recover from so there was a lot of back and forth about who's going to be paying for his wife and how they both gave different numbers citing different studies at some point you guys kind of confusing but in general it looked as if one of them was saying he wants to raise taxes and the other one goes no he wants to raise taxes or we need regulation and the other one would say are you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the details but as they try to get into details and numbers it got even more confusing still have two more debates in the coming weeks we'll hear more about the candidates foreign policy a vision for now in most states president obama is leading in the polls although by a very small margin there are going pretty much the neck but it's important to mention that in the us candidates might win the majori
the president's main argument was that mr romney wants to go back to the same qualities that landed the u.s. and the world for that matter in the economic mess four years ago that everybody's still struggling to recover from so there was a lot of back and forth about who's going to be paying for his wife and how they both gave different numbers citing different studies at some point you guys kind of confusing but in general it looked as if one of them was saying he wants to raise taxes and the...
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obama and mr romney basically bashing china we all know that that's just the song and dance that after the election that they will both be knocking at china's door themselves recall that bill clinton in one thousand nine hundred two running against george h.w. bush spoke at the beijing pictures but after the november nineteenth to play to a lecture he helped to usher china into the world trade organization that's the kind of hot pockets need that basically turns off a good deal of the u.s. electorate how can you have a realistic debate about the problems that this country faces the many problems this country faces when the kinds of analysis and critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee nice way of putting it us historian gerald hole now ok let's get to business now u.s. jobs numbers are even not too bad news others are. not too bad preliminary report from a.d.p. says under sixty two thousand jobs were added in the united states in the month of september and therefore the markets they're lo
obama and mr romney basically bashing china we all know that that's just the song and dance that after the election that they will both be knocking at china's door themselves recall that bill clinton in one thousand nine hundred two running against george h.w. bush spoke at the beijing pictures but after the november nineteenth to play to a lecture he helped to usher china into the world trade organization that's the kind of hot pockets need that basically turns off a good deal of the u.s....
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Sep 28, 2012
09/12
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this shows that mr. romney and bain, it wasn't about job creation. it was about before people! it was about gutting companies in order to make the best return for investors. so when mitt romney says i want to be ceo of america does that mean he's going to harvest america? not something i think millions of americans want to see happen to a country which needs investment not looting. >> jennifer: exactly right. well, i promised our viewers that i would bring you on so we could talk about some stuff on the campaign trail. i want to switch gears for a second and talk about some of the senate races. one in particular because it is bubbling up today which is this. the todd akin, of course rubbing for senate in missouri said that senator claire mccaskill was aggressive and less lady-like in their debate than during the 2006 debates. i'm just -- when i heard that -- may hair stood on end. >> this guy of serial corruptions and you know, put his foot in his mouth with the temerity, the audacity to say that about a good senatorial candidate like claire mccaskill? my view, jennifer, if i m
this shows that mr. romney and bain, it wasn't about job creation. it was about before people! it was about gutting companies in order to make the best return for investors. so when mitt romney says i want to be ceo of america does that mean he's going to harvest america? not something i think millions of americans want to see happen to a country which needs investment not looting. >> jennifer: exactly right. well, i promised our viewers that i would bring you on so we could talk about...
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Oct 3, 2012
10/12
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mr. obama keeps focusing on that it's not his problem and he hasn't fixed it in 3 1/2 years, and mitt romney is protecting the really rich and the middle-class are being shafted. > > i will have to go with paul ryan, because he's the only one who has offered a comprehensive budget that would actually deal with the nation's problems. whether you agree or disagree with his plan, at least he's had the courage to step up and offer numbers. > > a new cnbc poll may surprise you. it reveals that 55% of americans say the economy is worse than it was four years ago. 22% say it's better, 17% it's about the same. but voters overwhelmingly chose president obama as the candidate that they would think could do a better job of fixing the economy by a 9-point lead. > > i would agree that the economy really hasn't changed. the issues that we had four years ago are still there. we haven't found a way to fix those problems. and the economy is not growing. it's hard to believe that someone who has more than
mr. obama keeps focusing on that it's not his problem and he hasn't fixed it in 3 1/2 years, and mitt romney is protecting the really rich and the middle-class are being shafted. > > i will have to go with paul ryan, because he's the only one who has offered a comprehensive budget that would actually deal with the nation's problems. whether you agree or disagree with his plan, at least he's had the courage to step up and offer numbers. > > a new cnbc poll may surprise you. it...
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romney and as a result you have a very very tepid debate that takes place how can you have a realistic debate about the problems that this country faces the many problems that this country faces because analysis and critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee. they. expected to vote through any a ten billion euro increase in brussels funding for next year the proposal coming in to reject austerity in the euro zone has caused widespread outcry across the union and while that was hit countries greece international lenders are now struggling to negotiate a fresh consequent cage and despite a financial strain the greek government does tell planning to build a multi million euro formula one racing truck investment adviser patrick young says the timing couldn't be wise. you know the troika these people who come along and demand cuts they've been coming for the last several years every time they go away they think they've got a deal in the greek side people to stick to it so this time around everyb
romney and as a result you have a very very tepid debate that takes place how can you have a realistic debate about the problems that this country faces the many problems that this country faces because analysis and critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee. they. expected to vote through any a ten billion euro increase in brussels funding for next year the proposal coming in to reject austerity in...
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example this war against libya where they are not able to be criticized adequately by his opponent mr romney and as a result you have a very very tepid debate that takes place how can you have a realistic debate about the problems that this country faces the many problems that this country faces when the kinds of analysis and critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee. u.s. authorities are accusing employees of an electronics company some of who are russian are secretly working for moscow the firms headed by a businessman or in the u.s.s.r. and it's a letter to illegally funneled fifty million dollars worth of cutting edge technologies for the russian military moscow's dismissing that it's a spy scandal calling a criminal artie's time barring reports the russian government considers this just a standard criminal case involving business malpractise and doesn't go as far as espionage the company involved on the russian side apex system sais that it only deals in electronic components for civ
example this war against libya where they are not able to be criticized adequately by his opponent mr romney and as a result you have a very very tepid debate that takes place how can you have a realistic debate about the problems that this country faces the many problems that this country faces when the kinds of analysis and critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee. u.s. authorities are accusing...
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romney was to go back to the same policies that led to us well in the wall for that matter. into the economic mess four years ago that everybody is still struggling to recover from now even more states president obama is leading in polls although by a small margin they are pretty much neck to neck in most polls but it's important to mention essentially to our non american audience that in the us a candidate might can win the majority of the popular vote and still lose the election because it's not the popular vote it's the so-called electoral college that's the size the outcome of the presidential election here and every state gives a candidate a certain number of points and the winner has to collect this magic number of two hundred seventy points so even evil candidate loses a stage by stage just to see if we will. get this zero point so that we have a very peculiar electoral system which is not really above the will of the majority so not only are the americans stuck with just two choices because it's essentially a tool horse race system also they're not hearing he's to ge
romney was to go back to the same policies that led to us well in the wall for that matter. into the economic mess four years ago that everybody is still struggling to recover from now even more states president obama is leading in polls although by a small margin they are pretty much neck to neck in most polls but it's important to mention essentially to our non american audience that in the us a candidate might can win the majority of the popular vote and still lose the election because it's...
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good afternoon welcome to capital account i'm born mr here in washington d.c. these are headlines for wednesday october third two thousand and twelve brought obama and mitt romney laced up for their first two thousand and twelve us presidential debate do they represent two heads of the same monster even economically speaking gerald celente is here with his autumn trends forecast plus reuters reports lockheed martin in the pentagon are in talks at the senior level over the fifth order of the f. thirty five this is of course the behind schedule over budget by billions pool egg with safety issues f. thirty five that you've never imagined was supposed to be the future of the pentagon air arsenal we'll look at the cost of inefficient government spending to the economy's health and four years ago today george w. bush signed tarp let's take a look back at what lawmakers were told would happen without it according to this account. the market would drop two or three thousand points the first day another couple thousand the second day and if you meant. we're even told th
good afternoon welcome to capital account i'm born mr here in washington d.c. these are headlines for wednesday october third two thousand and twelve brought obama and mitt romney laced up for their first two thousand and twelve us presidential debate do they represent two heads of the same monster even economically speaking gerald celente is here with his autumn trends forecast plus reuters reports lockheed martin in the pentagon are in talks at the senior level over the fifth order of the f....
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example this war against libya where they were not able to be criticized adequately by his opponent mr romney and as a result you have a very very tepid debate that takes place how can you have a realistic debate about the problems that this country faces the many problems that this country faces when the kinds of analysis and critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee. let's switch to financial matters now we have to treat our business tasso dimitry new well for russia's military aircraft that's right and its name is illusion for seven six it's basically a new version of the legendary il seventy six which has been around forty years and many countries different tasks both military and emergency services and things like that basically just the army alone in russia will be ordering one hundred of these and its creators say it has a huge potential to have orders from abroad it's faster it's bigger it can fly long distances let's listen to this report from. we're right inside the idea store ai
example this war against libya where they were not able to be criticized adequately by his opponent mr romney and as a result you have a very very tepid debate that takes place how can you have a realistic debate about the problems that this country faces the many problems that this country faces when the kinds of analysis and critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee. let's switch to financial...
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certainly that rhetoric from mr. romney fits with that in recent weeks they said really a choice. dependency society based on the obama agenda of bigger government and bigger government intrusion into the lives of individual entrepreneural spirit of the american people versus romney view is less government, less regulation, less intrusion and more personal responsibility and opportunities of prosperity versus stagnation. there is a point on which you could expect the obama campaign and the president to pick at mr. romney tomorrow if it doesn't come up in a question at all. now the infamous rashes about the 47% who don't pay income taxes in the u.s. and that surreptitiously obtained video from several weeks back at a florida fund-raiser. the 47% is sure to come up. when he arrived last night at denver mr. romney did an interview with local affiliate, local fox station as a matter of fact and they asked him about it. here is how mr. romney intends to sort of deal with that issue of the 47%. >> they want to know is, will he get jobs for the american people and get rising incomes and
certainly that rhetoric from mr. romney fits with that in recent weeks they said really a choice. dependency society based on the obama agenda of bigger government and bigger government intrusion into the lives of individual entrepreneural spirit of the american people versus romney view is less government, less regulation, less intrusion and more personal responsibility and opportunities of prosperity versus stagnation. there is a point on which you could expect the obama campaign and the...
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romney and as a result you have a very very tepid debate that takes place how can you have a realistic debate about the problems that this country faces the many problems that this country faces bill one because analysis and the critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee in venezuela the country's two presidential candidates are into the home straight ahead of sunday's election incumbent hugo chavez and his opposition rival staged rallies on tuesday during the final week of campaigning for insight into the country's prospects i'm now joined live by adrian. international consultant and author thank you so much for joining us adrian now the child as a presidential campaign has been marred by an information storm against him in international media especially in the u.s. why is washington still came to see the back of the child this. above everything they are very concerned with hugo chavez says foreign policies which are being followed by venezuela where he has. asked the western powers notabl
romney and as a result you have a very very tepid debate that takes place how can you have a realistic debate about the problems that this country faces the many problems that this country faces bill one because analysis and the critique from the left are basically excluded basically this debate comes down in many ways to a choice between tweedle dum and tweedle dee in venezuela the country's two presidential candidates are into the home straight ahead of sunday's election incumbent hugo chavez...
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Oct 1, 2012
10/12
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mitt romney has an op-ed in the "wall street journal" on foreign policy. mr. romney says allowing iran to build a nuclear weapon is unacceptable. president obama also says the u.s. goal is preventing iran from having an atomic bomb. >>> paul ryan told fox news he and mitt romney want a 20% cut in all income tax rates but ryan failed to provide details. >>> the associated press says if the election were held today, mitt romney would win 23 states, president obama would win the rest capturing 271 electoral votes. >>> hugo chavez, the president of venezuela is facing re-election with voting to be held next sunday, october 7th. chavez told an interviewer that if he were an american, he would vote for president obama over mitt romney. >>> music magazine has ranked the ten best presidents since 1900. franklin d. roosevelt, president during the depression and world war ii was ranked number one. number ten was barack obama. >>> and as the supreme court starts its fall term, justice ruth bader ginsbebegin ginsburg oldest on the supreme court. you probably did not know
mitt romney has an op-ed in the "wall street journal" on foreign policy. mr. romney says allowing iran to build a nuclear weapon is unacceptable. president obama also says the u.s. goal is preventing iran from having an atomic bomb. >>> paul ryan told fox news he and mitt romney want a 20% cut in all income tax rates but ryan failed to provide details. >>> the associated press says if the election were held today, mitt romney would win 23 states, president obama...
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Sep 28, 2012
09/12
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romney notes in 2008 against mccain, mr. obama won each debate by double digits accor according to gallup polling and won by by 33 points. the president's team expected romney to be well prepared, playing up advantages for romney. debate and the first debate, favor challengers. >> senior romney a visor offered the g.o.p. debate spin in a memo to reporters -- regardless of who comes out on the top in the debate we amount afford another four years on the last four years. >> make a decision on what they believe is in the best interest of the country and their family. i expect to describe it in a way people understand. if i do, i get elected. >> romney spends the weekend in boston and flies to denver on monday. he has no public campaign activities planned. it's all private for the face-off. important of how important romney thinks it will be. >> bret: okay. see you in colorado. virginia base strategic allied consulting accused to submitting 100 questionable registration in seven countie counties. spokesperson says it's trying to
romney notes in 2008 against mccain, mr. obama won each debate by double digits accor according to gallup polling and won by by 33 points. the president's team expected romney to be well prepared, playing up advantages for romney. debate and the first debate, favor challengers. >> senior romney a visor offered the g.o.p. debate spin in a memo to reporters -- regardless of who comes out on the top in the debate we amount afford another four years on the last four years. >> make a...
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Oct 4, 2012
10/12
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two minutes mr. president. >> well, jim, i want to thank you and i want to thank governor romney because i think this was a terrific debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we were going through a major crisis. and yet my faith and confidence in the american future is undiminished. and the reason is because of its people. because of the woman i met in north carolina who decided at 55 to go back to school because she wanted to inspire her daughter and now has a job from that new training she's gotten. because a company in minnesota who was willing to give up salaries and perks for their executives to make sure they didn't lay off workers during a recession. the auto workers that you meet in toledo or detroit take such pride in building the best cars in the world not just because of a paycheck but because it gives them that sense of pride that they're helping to build america. and so the question now is how do we build on those streng
two minutes mr. president. >> well, jim, i want to thank you and i want to thank governor romney because i think this was a terrific debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we were going through a major crisis. and yet my faith and confidence in the american future is undiminished. and the reason is because of its people. because of the woman i met in north carolina who decided at 55 to go back to school because she...
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a coin toss determined, mr. president, you go first. >> thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality, a lot of points i want to make tonight, but the most important one is that 20 years ago, became the luckiest man on earth because michelle obama agreed to marry me. i want to wish you happy anniversary, and a year from now, we won't celebrate it in front of 40 million people. four years ago, we went through the worst financial crisis since the great depression. millions of jobs were lost, the auto industry was on the brink of collapse the financial system had frozen up, and because of theo resilience and determinatin of the american people, we've begun to fight our way back. over the last 30 months, we've seen 5 million jobs in the private sector created. the auto industry has come roaring back and housing has begun to rise. but we all know that we still have a lot of work to do. and so the question here tonight is not where we'
a coin toss determined, mr. president, you go first. >> thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality, a lot of points i want to make tonight, but the most important one is that 20 years ago, became the luckiest man on earth because michelle obama agreed to marry me. i want to wish you happy anniversary, and a year from now, we won't celebrate it in front of 40 million people. four years ago, we went...
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mr. romney came in with three things to accomplish. first, the polls showing him behind were in danger of becoming self-fulfilling prophesie prophesies. i think he probably stopped that in its tracks tonight. second, he wanted to use this forum to correct what he thinks are serious misrepresentations of him, regarding medicare and taxes and the scope of the tax cuts and the revenue neutrality and all of that. third, he wanted to make the philosophic statement. he knows this is a country in which self-identify conservatives outnumber independents to liberals two to one. he used this as an opportunity to say, do you believe government is the aloe kay or the of resources and opportunity or do you believe in the market? and i think most republicans are content to go to the country and say, let's vote on that. >> all right, george, great to have you joining us from washington tonight. let us go inside that room, because we've been saying, we didn't see a big moment, a moment that's going to play and play and play over the next few days but
mr. romney came in with three things to accomplish. first, the polls showing him behind were in danger of becoming self-fulfilling prophesie prophesies. i think he probably stopped that in its tracks tonight. second, he wanted to use this forum to correct what he thinks are serious misrepresentations of him, regarding medicare and taxes and the scope of the tax cuts and the revenue neutrality and all of that. third, he wanted to make the philosophic statement. he knows this is a country in...
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we may dip in and listen to mr. romney during this hour but you can watch the entire event by logging on to cnn.com. >>> a legal system nightmare. thousands of cases may have been jeopardized by a lab worker who allegedly tampered with evidence. that story is next. the wheels of progress. seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pain. so, back to more pills. almost done, when... hang on. stan's doctor recommended aleve. it can keep pain away all day with fewer pills than tylenol. this is rudy. who switched to aleve. and two pills for a day free of pain. ♪ [ fe
we may dip in and listen to mr. romney during this hour but you can watch the entire event by logging on to cnn.com. >>> a legal system nightmare. thousands of cases may have been jeopardized by a lab worker who allegedly tampered with evidence. that story is next. the wheels of progress. seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things...
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Sep 29, 2012
09/12
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. >> mr. romney has diminishing opportunities to turn this race around. is there greater importance on the first debate thanks say, the second and third. does he have to get off on a really strong footing here? >> i expect more people will watch the first debate than the second or third, unless there's some great inflection point in the first debate that draws people's attentions to the second and third debate. the challenge for mitt romney going into this debate is not necessarily to get a hit in on barack obama, but better to communicate with the public why he's best positioned to help them. i think he's had some trouble with that throughout the campaign. i think the video that came out with him talking about 47% of the people being somewhat dependent upon the government, i think that hurt his ability to connect and say to folks i want to be president for all of america. i think he's got an opportunity in this first debate to communicate directly with the public. i won't give him advice, but i would just say i think that's a challenge for him right now.
. >> mr. romney has diminishing opportunities to turn this race around. is there greater importance on the first debate thanks say, the second and third. does he have to get off on a really strong footing here? >> i expect more people will watch the first debate than the second or third, unless there's some great inflection point in the first debate that draws people's attentions to the second and third debate. the challenge for mitt romney going into this debate is not necessarily...
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Sep 30, 2012
09/12
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if mitt romney is on his job he will start with mr. president your representative the misrepresented to the people and will stand with that talent all the way and that will get obama her office tauruses and you have to come in and if he comes and it will be a slugfest. >>> what is it likely not going to hear? as a brake on the staff to subtexts. >>> if i am obama of taking to the middle east with me to meet osama bin laden. >>> coming up one more look at this once top stories included why the the layout of stories may be looking for,,,,,, >>> welcome back. taking a look at this once top stories was an act of arson the question that investigators returned to iraq as the extent of fire at the law offices of the mayor. authorities reportedly are asking for federal help in the investigation. >>> air quality officials are warning about a dirty air around the bay area it's a spare the air day people are urged to drive less and stay inside during the hardest part of the afternoon. talking to managers in gov. chris christina former house speak
if mitt romney is on his job he will start with mr. president your representative the misrepresented to the people and will stand with that talent all the way and that will get obama her office tauruses and you have to come in and if he comes and it will be a slugfest. >>> what is it likely not going to hear? as a brake on the staff to subtexts. >>> if i am obama of taking to the middle east with me to meet osama bin laden. >>> coming up one more look at this once top...
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Oct 4, 2012
10/12
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governor romney, you won the toss. you elected to go last. so you have a closing 2 minutes. mr. president. >> i want to thank you, jim. i want to thank governor romney. i think this was a terrific debate. i very much appreciate it. i want to thank the university of denver. you know, four years ago, we were going through a major crisis. and yet, my faith and confidence in the american future is undiminnished. the reason is because of its people. because of the woman i met in north carolina, who decide at 55 to go back to school because she wanted to inspire her daughter and has a job from that new training she has, because ever a company in minnesota, willing to give up salaries and perks for their executives, to make sure they didn't lay off workers in a recession, the auto workers in toledo or detroit, take such pride in building the best cars in the world, not just because of a paycheck but because it gives them a sense of pride that they for helping to build america. the question now is how do we build on those strepgs? everything i have tried to do and am proposing, in terms
governor romney, you won the toss. you elected to go last. so you have a closing 2 minutes. mr. president. >> i want to thank you, jim. i want to thank governor romney. i think this was a terrific debate. i very much appreciate it. i want to thank the university of denver. you know, four years ago, we were going through a major crisis. and yet, my faith and confidence in the american future is undiminnished. the reason is because of its people. because of the woman i met in north...
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moments ago we saw a warm embrace between mrs. romney and mrs. obama. they both met each other at the front of the hall. their hiss, this is the first of three meetings debate style between these candidates. even though voting is under way in 34 states. we'll throw it to the moderator. >> good evening from the magness arena at the university of denver in denver, colorado. i'm jim lehrer of the pbs news hour, and i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and former massachusetts governor mitt romney, the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments with two-minute answers for the first question, then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the in
moments ago we saw a warm embrace between mrs. romney and mrs. obama. they both met each other at the front of the hall. their hiss, this is the first of three meetings debate style between these candidates. even though voting is under way in 34 states. we'll throw it to the moderator. >> good evening from the magness arena at the university of denver in denver, colorado. i'm jim lehrer of the pbs news hour, and i welcome you to the first of the 2012 presidential debates between president...
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romney: you bet. mr. president, you're absolutely right which is with regards to 97 percent of the businesses are not taxed at the 35% tax rate, they're taxed at a lower rate. but those businesses that are in the last 3% of businesses happen to employ half, half of all the people who work in small business. those are the businesses that employ one-quarter of all the businesses in america, and your plan is to take their tax rate from 35 to 40%. i've talked to a guy who has a very small business in st. louis, he has four employees. he said he and his son calculated how much they pay in taxes. federal income tax, federal payroll tax, state income tax, state property tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower ded
romney: you bet. mr. president, you're absolutely right which is with regards to 97 percent of the businesses are not taxed at the 35% tax rate, they're taxed at a lower rate. but those businesses that are in the last 3% of businesses happen to employ half, half of all the people who work in small business. those are the businesses that employ one-quarter of all the businesses in america, and your plan is to take their tax rate from 35 to 40%. i've talked to a guy who has a very small business...
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so you have a closing, two minutes, mr. president. >> well, jim, i want to thank you and i want to thank governor romney because i think this was a tresk debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we
so you have a closing, two minutes, mr. president. >> well, jim, i want to thank you and i want to thank governor romney because i think this was a tresk debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we